Acorah Software Products - Accounts Production 19.1.200 false true true false 31 January 2025 31 January 2026 31 January 2026 SC836035 A D Cooke K E Cooke the director's true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC836035 2025-01-30 SC836035 2026-01-31 SC836035 2025-01-31 2026-01-31 SC836035 frs-core:CurrentFinancialInstruments 2026-01-31 SC836035 frs-core:FurnitureFittings 2026-01-31 SC836035 frs-core:FurnitureFittings 2025-01-31 2026-01-31 SC836035 frs-core:FurnitureFittings 2025-01-30 SC836035 frs-core:ShareCapital 2026-01-31 SC836035 frs-core:RetainedEarningsAccumulatedLosses 2026-01-31 SC836035 frs-bus:PrivateLimitedCompanyLtd 2025-01-31 2026-01-31 SC836035 frs-bus:FilletedAccounts 2025-01-31 2026-01-31 SC836035 frs-bus:SmallEntities 2025-01-31 2026-01-31 SC836035 frs-bus:AuditExempt-NoAccountantsReport 2025-01-31 2026-01-31 SC836035 frs-bus:SmallCompaniesRegimeForAccounts 2025-01-31 2026-01-31 SC836035 1 2025-01-31 2026-01-31 SC836035 frs-bus:Director1 2025-01-31 2026-01-31 SC836035 frs-bus:Director2 2025-01-31 2026-01-31 SC836035 frs-countries:Scotland 2025-01-31 2026-01-31
Registered number: SC836035
Project Properties (Quest) Limited
Unaudited Financial Statements
For The Year Ended 31 January 2026
Contents
Page
Company Information 1
Balance Sheet 2
Notes to the Financial Statements 3—4
Page 1
Company Information
Directors A D Cooke
K E Cooke
Company Number SC836035
Registered Office 5 Carden Place
Aberdeen
AB10 1UT
Page 1
Page 2
Balance Sheet
Registered number: SC836035
2026
Notes £ £
FIXED ASSETS
Tangible Assets 4 18,025
Investment Properties 5 914,434
932,459
CURRENT ASSETS
Debtors 6 163
163
Creditors: Amounts Falling Due Within One Year 7 (941,882 )
NET CURRENT ASSETS (LIABILITIES) (941,719 )
TOTAL ASSETS LESS CURRENT LIABILITIES (9,260 )
NET LIABILITIES (9,260 )
CAPITAL AND RESERVES
Called up share capital 8 2
Profit and Loss Account (9,262 )
SHAREHOLDERS' FUNDS (9,260)
For the year ending 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
A D Cooke
Director
15th June 2026
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Project Properties (Quest) Limited is a private company, limited by shares, incorporated in Scotland, registered number SC836035 . The registered office is 5 Carden Place, Aberdeen, AB10 1UT.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
These accounts have been prepared on the going concern basis, on the understanding that the directors and shareholders will continue to financially support the company.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if
held under a finance lease, over the lease term, whichever is the shorter:
Fixtures & Fittings 3 years straight line
2.4. Investment Properties
All investment properties are shown at cost. The value is reviewed annualy and any aggregate surplus or deficit arising from changes in fair value is recognised in the profit or loss.
2.5. Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the
extent that it relates to items recognised in other comprehensive income or directly in equity.
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or
substantively enacted by the balance sheet date.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those
in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been
enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be
recovered against the reversal of deferred tax liabilities or other future taxable profits.
3. Average Number of Employees
Average number of employees, including directors, during the period was NIL
-
Page 3
Page 4
4. Tangible Assets
Fixtures & Fittings
£
Cost
As at 31 January 2025 -
Additions 22,338
As at 31 January 2026 22,338
Depreciation
As at 31 January 2025 -
Provided during the period 4,313
As at 31 January 2026 4,313
Net Book Value
As at 31 January 2026 18,025
As at 31 January 2025 -
5. Investment Property
2026
£
Fair Value
As at 31 January 2025 -
Additions 914,434
As at 31 January 2026 914,434
6. Debtors
2026
£
Due within one year
Other debtors 163
7. Creditors: Amounts Falling Due Within One Year
2026
£
Amounts owed to participating interests 914,789
Other creditors 27,093
941,882
8. Share Capital
2026
£
Allotted, Called up and fully paid 2
9. Ultimate Controlling Party
The company's ultimate controlling party is the director's .
Page 4